This course will demystify the fundamental accounting concepts and terminology that underpin financial reporting, enabling senior managers and board members without formal financial qualifications to fulfil their responsibilities with confidence.

By the end of the course participants will understand:

• The financial duties and responsibilities of leaders
• Financial terminology and how to use it with confidence
• How a budget relates to the business plan and how progress against the budget is reflected in management accounts
• What information needs to be presented in year-end statutory accounts
• Why balance sheets and cash flow matter

‘The training has already helped in my day to day work. It was wonderful to have access to such an experienced and generous trainer!’ Kyla Booth-Lucking, Independent

Target Audience

This one day course is intended to benefit board members, senior managers and any professional who manages financial matters but does not have formal financial qualifications.

Approach

The course is an informal mix of the trainer’s presentation and exercises. It includes a mini master class looking at real life examples of management accounts. Participants will be encouraged to ask questions and draw on their own experiences. Course notes and reference materials are provided.

Trainer

Jeremy Smeeth is Director of Finance and Resources at Mountview Academy, (previously Finance Director at Southbank Centre and Artsadmin).. He trained as a Chartered Accountant with KPMG in London and began working in performing arts financial management in 1997. From 2008 to 2012 he was Director of Finance and Administration at National Theatre of Scotland. Previously he was Finance Director at Artsadmin and Finance Manager for Shared Experience, Company of Angels, International Workshop Festival, Chickenshed and the Orange Tree Theatre.

Price

£125+VAT (£150) for ITC members and £175+VAT (£210) for non-members.